pdf (22.8 MB) - METRO Group
pdf (22.8 MB) - METRO Group
pdf (22.8 MB) - METRO Group
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<strong>METRO</strong> GROUP : ANNUAL REPORT 2011 : STRATEGy<br />
→ Strategic PoSitioning of Metro grouP<br />
wholesale business. We implement these measures in a<br />
targeted manner and based on clear priorities to achieve fast<br />
effectiveness. In the process, we draw on the proven instruments<br />
that we have introduced in the context of our valueenhancing<br />
programme shape 2012.<br />
grow<br />
The aim of the transformation of our sales divisions is to<br />
achieve sustained enhancements in the attractiveness of<br />
our product and service offers to our customers. In this<br />
way, we create growth impulses in all business areas and<br />
thus underscore our competitiveness. We believe that sustained<br />
like-for-like growth is a key precondition of the longterm<br />
success of our sales divisions. We have made this<br />
objective one of our top priorities. To achieve this, we are<br />
prepared to make targeted investments in new product and<br />
service offers as well as selective investments in our sales<br />
divisions’ price level.<br />
improve<br />
We undertake all necessary efforts to secure the economic<br />
viability of our growth plans. This means that we continually<br />
increase our cost efficiency and our cash flow. our underlying<br />
conviction is that continuous improvement processes must<br />
also be a core component of the business model of retail and<br />
wholesale companies. permanent cost optimisations are a<br />
key element here. We will also undertake every possible<br />
effort in terms of Customer value to avoid unnecessary costs.<br />
only that will allow us to invest in the creation of added value<br />
for our customers while also stabilising and increasing our<br />
long-term earnings strength. Cash flow optimisation is<br />
another top priority because this is the key funding source of<br />
our investments. as a retail and wholesale group, we focus<br />
on all areas of cash flow optimisation and intend to markedly<br />
increase our cash flow in the coming years.<br />
Expand<br />
The past years’ strong internationalisation continues to offer<br />
us extraordinary growth opportunities. We see excellent<br />
possibilities for expanding our presence in many countries<br />
where MeTRo GRoUp does business. This applies above all<br />
to the regions of eastern europe and asia. We will continue<br />
our targeted expansion in these regions while markedly<br />
increasing the efficiency of our investments. We plan a substantial<br />
increase in total investments based on our cash flow<br />
to ensure that we can rigorously tap existing opportunities<br />
for expansion.<br />
innovate<br />
In an era of global interconnectedness and ever-shorter<br />
product cycles, our customers’ requirements will evolve<br />
much more dynamically. We regard this as both a challenge<br />
and an opportunity that we rigorously face up to. To this end,<br />
we intend to continue to strengthen our organisation’s innova -<br />
tive strength and tap the broad expertise available across<br />
our international <strong>Group</strong>. In addition, we engage in select<br />
innovation networks to better influence and exploit changes<br />
in our environment.<br />
MeTRo GRoUp’s innovation management is discussed on<br />
pages 122 through 124.<br />
sustainability<br />
→ p. 046<br />
our economic growth targets are compatible with social and<br />
environmental needs. We have firmly integrated the principle<br />
of sustainability into our business strategy. We are active<br />
along the entire supply chain, especially in those areas where<br />
we exercise direct responsibility and can contribute our<br />
expertise. as a result, we can optimally tackle global challenges<br />
regarding food safety, conservation of resources,<br />
demographic change and sustainable consumption. For this<br />
reason, our sustainability management involves the four<br />
areas of activity of “supply chain and products”, “energy and<br />
resource management”, “employees and social affairs” and<br />
“social policies and stakeholder dialogue”.<br />
MeTRo GRoUp’s sustainability management is discussed on<br />
pages 125 through 138.